South Cotabato agri firm gets tax holiday



The Philippine National Police (PNP) has ordered its units to make anti-rape advisories more gender-sensitive after…
The Freedom Edge exercise on 7 to 11 September will be held in international waters east and south of Jeju Island.

As the Philippines prepares for another long Christmas season, a new song is hoping to become part of the country’s…
The competition for business and talent is increasingly extending beyond Metro Manila’s traditional commercial centers,…

The President said the Philippines would build a real space program. Slowly, the pieces are starting to show up.
General Santos city — The provincial government of South Cotabato has granted a six-year tax holiday to an agricultural firm to bolster the sector and stimulate economic growth.
According to South Cotabato Governor Reynaldo Tamayo Jr., the tax break granted to Nutri Hogs Corporation under the province’s Investment Incentives Code will benefit the company’s half-billion-peso agricultural venture in Barangay Glamang, Polomolok.
Tamayo added that the incentive aligns with his administration’s vision of fostering a business-friendly environment and driving inclusive, sustainable development.
“This tax holiday highlights South Cotabato’s commitment to attracting investments that strengthen the local economy and foster progress for the community,” Tamayo said in a statement.
The Nutri Hogs project is expected to generate significant job opportunities, catalyze economic activity, and advance modern farming techniques in the province. It is also anticipated to create a ripple effect across related industries, such as logistics, supply chain and agribusiness support services.
South Cotabato’s Investment Incentives Code provides tax holidays and other benefits to enterprises that invest in priority sectors, including agriculture, tourism and manufacturing.
Local officials expressed optimism that the project would uplift the community’s economic standing while preserving its agricultural heritage.